PRESS DIGEST - Vietnam newspapers - July 18

HANOI, July 18 (Reuters) - These are some of the leading stories in the official Vietnamese press on Friday. Reuters has not verified these stories and does not vouch for their accuracy.

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FINANCIAL NEWS:

THANH NIEN

-- The interest rates of 17-18 percent on dong deposits are reasonable in the context that inflation has shown sign of slowing, ACB ACB.HN CEO Ly Xuan Hai said.

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THOI BAO KINH TE VIETNAM

-- Revenues from insurance services in Vietnam of the U.S insurer ACE Life soared 131 percent in the first six months of 2008 from the same period last year.

-- The State Securities Commission granted an operating licence to Technological and Commercial Fund Management Company, which is a subsidiary of partly private Techcombank.